Newcastle Intermediaries refreshes mortgage range

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Newcastle Intermediaries has revamped its entire mortgage range.

It has introduced a new two-year 80% loan to value (LTV) product with no early repayment charges. It is available at 2.09% (5.30% APR) for a £199 reservation fee and £800 completion fee.

The lender has also reintroduced a range of deals available at 60% LTV. A two year fixed rate is available at 2.22% (5.3%APR), or 2.57% (4.7% APR) for five years. Both products come with no reservation or completion fees, free standard valuation (for properties up to £500,000) and a choice of £200 cashback or free legal fees (for remortgages only).

Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We’ve reassessed our entire range and made changes which offer even more choice and flexibility to borrowers.

“Our fee assisted products are particularly helpful when borrowers need to free up cash for a house move and by offering a choice of products across the LTV range, we can support brokers in finding the right choice for their customers.”

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